NTPC logs 6% profit growth in FY23 at Rs 17,197 cr; income rises 34.45%
India’s largest power generating company NTPC Limited registered a 5.62 per cent increase in its profits to Rs 17,197 crore during the 2022-23 financial year. During the same period, the company’s total income saw a rise of 34.45 per cent during FY23.
The total income of NTPC for FY23 was Rs 167,724 crore as against previous year’s income of Rs 124,750 crore. During Q4, NTPC’s net profit slipped to Rs 5,672 crore. It was Rs 4,476 crore during Q3FY23.
NTPC run coal-based power units achieved a ‘Plant Load Factor’ (PLF), or operating ratio of 75.9 per cent, as against the national average of 64.21 per cent during FY23.
